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Introduction to new project ideas for SME support and feedback session.
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Coventry & Warwickshire Business Breakfast 21042015
1.
© 2015 Welcome Coventry and
Warwickshire Business Breakfast Dr Mark Swift, Head of SME Programmes
2.
© 2015 Agenda 8.00am –
Introduction – WMG SME Innovation Support 8.10am – Business Case Study – Induction Technology Group 8.25am – Feedback Session Customer, Products and Services of Future What Support does your Business need? 9.25am - Close, Option for 121 Conversations Tour of Product Evaluation Technologies (Including 3D Visualisation and Measurement Capabilities)
3.
© 2015 • WMG
set up in 1980 by Prof Lord Bhattacharyya to facilitate technology transfer and knowledge creation for Industry • An academic department within the science faculty of a leading UK university • 350 people in 6 buildings • Working with OEMs right through the supply chain WMG
4.
© 2015 • Aim
– the Leading SME delivery group in a Russell Group University • Multidisciplinary team – engineers, user insights experts, materials scientists, marketers and digital experts from industry & academia • Track record of growing SME through research-led innovation WMG SME Group
5.
© 2015
6.
© 2015 1. IIPSI
has finished! – Over 40 businesses from C&W have had intensive support, resulting in 50 new / saved jobs 2. Want more businesses in C&W to undertake R&I – C&W 4th for innovation, 6th jobs growth (out of 64)* – Small businesses do well, 21% engaged in R&D* 3. Purpose of the workshop is to – Learn how we can support you in the future – Understand your barriers – Feed into a proposal What is the challenge? *Centre for Cities, Economic Outlook, January 2015
7.
© 2015 • European
Structural & Investment Funds (ESIF) – Promoting Research & Innovation priority – Aims to “increase investment in R&I in SMEs” • Develop new three year support project – Focus on C&W priorities – Help take good ideas into product outcomes – Gain technology led competitive advantage – Help move up supply chain / value chain / food chain – Collaborate to compete – Focus on customers (and market) What's the new opportunity?
8.
© 2015 Funding can
be used to support… 1. Demonstration of current & future technology 2. Innovation support programmes for NPD 3. Commercialisation of new products, particularly targeted to aid innovation in the Eight Great technologies* 4. Collaborative & applied research programmes 5. Help more businesses link with Universities 6. Innovation ecosystems (networks, open innovation?) 7. Create a supportive environment for SMEs *Includes - advanced materials & nanotechnology, big data, robotics & autonomous systems, energy…
9.
© 2015 Our Vision New
funding will help us to: “Take good ideas into viable, market tested, commercial product outcomes”
10.
© 2015 Case Study:
Induction Technology Group
11.
© 2015 • DEFINE
CUSTOMER NEED: New product requirement for an aftermarket Volkswagen tuning specialist with OEM quality • PRODUCT VALIDATION: WMG’s Product Evaluation Technologies to scan packaging space of engine bay and define size • PRODUCT PROTOTYPE: Designed for manufacture, material selected based on heat resistant qualities, limit costs for tooling • LAUNCH PRODUCT: Sell to Performance Accessories Market. Develop packaging for enhanced customer experience • FUTURE: Become an Original Equipment Manufacturer, selling direct into the market Induction Technology Group Ltd
12.
© 2015 Let’s get
thinking about… Who are your customers of the future? What are your products and services of the future? What technologies/processes do you think will enable you to meet the demands of future products/services?
13.
© 2015 SYSTEMS –
Industrial Automation Systems; Internet of Things Systems; Energy & Electrical Systems PRODUCT - Validation & Verification; Measurement Capabilities; Additive Manufacturing, Design for Manufacture; Low Volume Manufacturing BUSINESS – Insights; Innovation Strategy; Businesses Models & Technology MATERIALS – Analysis & Testing (Ceramics; Composites; Metals; Nano- Composites; Polymers); Recycling and End of Life You may want to consider our Technology Workstreams
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© 2015 Feedback Questions What
are the barriers to innovation in your business? How could WMG help your business? Do you agree with the suggested theme areas of support? PRIORITISE Other thoughts…..
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© 2015 What are
the barriers to innovation in your business? Do you agree with the suggested theme areas of support? PRIORITISE How could we (WMG) help your business? Other thoughts
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© 2015 Thank you Contact
Us: WMG SME Team Tel: +44 2476 574 299 Email: wmgsme@warwick.ac.uk www.warwick.ac.uk/iipsi
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